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How does Gig4u Ensure Payment Security

Gig4u an online freelance market offers its users an easy-to-use platform where freelancers can get work and employers can post jobs.

With the increasing desire for online marketplaces and remote labor, we've been hearing a lot about the scammers that prey on the unwary. However, it is difficult to tell who is genuine and who is not.

So, to ensure that no party loses money when two people negotiate deals on our platform. As a solution, gig4u partnered with Castler (an escrow service provider) and now offers an escrow payment platform. The escrow payment option safeguards you against scams and fraud. As an outcome, neither party needs to be concerned about payment. How?

Allow me to enlighten you!

The escrow payment technique is a simple and secure way to conduct business-to-business transactions in which funds are held in an escrow account until the transaction is completed successfully.

In gig4u, the buyer (customer) and the seller (service provider) agree to use an online escrow service to release payments to the seller when the goods or services are delivered.

The seller is insured against payment for their service, while the buyer is guaranteed receipt of the items or service. The duty of the third party the “escrow service provider” in this case is to supervise and verify the fulfillment of all parties' commitments before facilitating the final payment.

In other words, payment is processed when the service provider claims to have successfully finished the job. And the payment is only released to the service provider once the customer has approved it.

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